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Schaeuble’s Fire-and-Brimstone Message Sets Electoral Tone
The words “grave economic catastrophe” aren’t commonly among the crafted Swabian pronouncements of German Finance Minister Wolfgang Schaeuble when he discusses the European debt crisis. But they did emerge Tuesday evening in Berlin as he fielded questions from Christian Democratic...
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Merkel Shows Germany’s Woodsmen How to Chop
A gathering of Germany’s foresters may not seem like the most obvious venue for Chancellor Angela Merkel to defend her austerity agenda against the encroaching horde of Keynesians. Yet there she was, at first weighing in on the government’s arboricultural...
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Banker-Bonus Rules Stoke Tempers in Berlin
Draft rules to scale back banker bonuses were enough to prompt a public spat yesterday between Deutsche Bank co-Chief Executive Officer Juergen Fitschen and German Finance Minister Wolfgang Schaeuble as the two men sat side-by-side on a panel discussing finance...
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In Snowy Berlin, Merkel and Hollande Claim There’s a Spark
If nothing else, Angela Merkel and Francois Hollande say they have chemistry. The two leaders may not have reenacted the 1963 embrace between West German Chancellor Konrad Adenauer and French President Charles de Gaulle at the Elysee Palace. But they...
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Merkel Flies Into Cyprus to Consider Nation’s Not-So-Small Debt Problem
German Chancellor Angela Merkel joined her European conservative counterparts at a resort in Cyprus for a meeting of the European People’s Party. For those in Cyprus, the event doubled as a rally for Nicos Anastasiades, the head of the DISY...
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German Finance Minister Wolfgang Schaeuble at the Bundestag, Sept. 11, 2012
It Depends on How Unlimited Unlimited Is…
As he dissected the details of the German budget in an hour-long address to lawmakers in the Bundestag, Finance Minister Wolfgang Schaeuble again expressed his support—as he has since last week—for the European Central Bank’s new bond-purchase program. The bank’s...
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Draghi’s Silver Lining
The market is beginning to hum over the prospect that Mario Draghi’s bond-purchase plan won’t be enough — or not fleshed out enough — to live up to his big-bang promise that the European Central Bank will do whatever it...
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Photograph by Steffi Loos/AP Photo
Merkel Resurfaces in Canada
Ottawa is not exactly on the front line of the European debt crisis. Still, after Chancellor Angela Merkel returned to work following a three-week Alpine getaway, she’ll emerge only today in front of reporters in the Canadian capital during a...
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